TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
Government urged to extend loans to coronavirus-hit businesses
Speaking to My Business, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell, urged the government to act,...
Passive directors at ‘real risk’ under new DPN regime
From 1 April, the Commissioner of Taxation will be able to hold directors personally liable for their company’s GST liabilities, following the...
Beware the complexities of SMSF control in case of member death
In a blog, Heffron’s head of SMSF technical and education services, Lyn Formica, responded to a question from a client who has chosen her spouse...
Global heating ‘a direct threat’ to Australian way of life
In the second reading of a climate emergency bill brought before the House of Representatives by leader of the Australian Greens and federal...
Auditor tenure disclosure, new tendering regime recommended by inquiry
The Parliamentary Joint Committee on Corporations and Financial Services has released its interim report on the regulation of auditing in...
TPB launches new register upping transparency
The Tax Practitioners Board (TPB) has announced improvements to its register to support both consumers and professional tax advisers. In...
ATO treading fine line between enforcement and support
Addressing the SMSF Association Conference on the Gold Coast last month, ATO assistant commissioner Dana Fleming outlined the regulator’s journey...
Practitioners cautioned over TPB ‘stealthy’ investigation tactic
Thomson Geer partner Arthur Athanasiou believes that while practitioners might be aware that the TPB must notify the agent in writing if it...
Government tables changes to remote area tax concessions
The government has tabled recommendations from its commissioned report into remote area tax concessions, which if implemented would have resulted...
Corporate regulator continues crackdown on Australia’s biggest names
In an update for the period from September 2019 to February 2020, the Australian Securities and Investments Commission highlighted the 52 per...
